://www.icns.co.th Sales Revenue Sales revenue in the first nine months of 2017 consists of turnkey business including telecommunication system and construction and electrical system, supply and maintenance. Type Jan
shareholders and upon certain conditions precedent under the share purchase agreement have been fullfilled. Currently, the status of the project is pending for the construction license approval process of the
of its business except for EIA and Construction licenses. 4. The Superficies Agreements and Land Lease Agreements shall be valid and have not been terminated 5. The Sublease Agreement has been amended
construction. In addition, due to the low growth of retail business and rapid growth on e-commerce in recent years, the level of competition in this business, community malls included, became more intense
the Company entered into lease agreement. Since then, Project MET has not started any construction. In addition, due to the low growth of retail business and rapid growth on e-commerce in recent years
last year there was the feedstock supply shortage from flood situation in the south of Thailand. However, the company had higher account payable to construction of THB 201 million due to payable from
end of year 2016 at 13.46 MB, paid the deposits to franchise and asset purchase agreement amount Baht 116.82 million, and prepayment to contractors for building and warehouse construction at 0.34 MB and
business including telecommunication system and construction and electrical system, supply and maintenance. Type 2016 2017 MB % MB % Sales Revenue Sales Revenue from Turnkey Business 259.36 45.52 545.12
provincial budgets. Meanwhile, private investment contracted in the investment in construction while investment in machinery and equipment still expanded as exhibited by the increased in domestic equipment
gross profit margin improved to 61.4% and 57.0%, respectively, due to higher average selling price and better construction cost management. • Revenue from sale of investment properties increased by 45